Iceland - Trade (% of GDP)

Trade (% of GDP) in Iceland was 69.21 as of 2020. Its highest value over the past 50 years was 104.09 in 2012, while its lowest value was 59.88 in 1992.

Definition: Trade is the sum of exports and imports of goods and services measured as a share of gross domestic product.

Source: World Bank national accounts data, and OECD National Accounts data files.

See also:

Year Value
1970 87.07
1971 80.23
1972 70.87
1973 72.20
1974 71.58
1975 73.95
1976 67.78
1977 65.73
1978 69.14
1979 73.73
1980 70.03
1981 69.77
1982 68.17
1983 76.19
1984 75.05
1985 79.26
1986 72.34
1987 68.68
1988 63.56
1989 63.95
1990 65.11
1991 63.00
1992 59.88
1993 61.56
1994 65.50
1995 66.55
1996 71.11
1997 70.61
1998 71.88
1999 69.43
2000 71.14
2001 74.73
2002 69.43
2003 68.20
2004 70.43
2005 72.45
2006 77.54
2007 74.67
2008 82.69
2009 89.39
2010 93.65
2011 101.41
2012 104.09
2013 98.79
2014 96.67
2015 95.82
2016 88.33
2017 86.98
2018 89.95
2019 84.09
2020 69.21

Aggregation method: Weighted average

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts